Menon Bearings Ltd Q4FY23 net profit at Rs. 9.18 crores

Menon Bearings Limited has reported Standalone financial results for the period ended March 31, 2023.

Financial Results (Q4 FY2023) - QoQ Comparison

The company has reported total income of Rs. 54.0682 crores during the period ended March 31, 2023 as compared to Rs. 50.3248 crores during the period ended December 31, 2022.

The company has posted net profit / (loss) of Rs. 9.1827 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs. 7.75 crores for the period ended December 31, 2022.

The company has reported EPS of Rs. 1.64 for the period ended March 31, 2023 as compared to Rs. 1.38 for the period ended December 31, 2022.

Financials	Q4 FY2023	Q3 FY2023	% Change
Total Income	₹54.0682 crs	₹50.3248 crs	7.44%
Net Profit	₹9.1827 crs	₹7.75 crs	18.49%
EPS	₹1.64	₹1.38	18.84%

Financial Results (Q4 FY2023) - YoY Comparison

The company has reported total income of Rs.54.0682 crores during the period ended March 31, 2023 as compared to Rs.52.1346 crores during the period ended March 31, 2022.

The company has posted net profit / (loss) of Rs.9.1827 crores for the period ended March 31, 2023 as against net profit / (loss) of Rs.6.7799 crores for the period ended March 31, 2022.

The company has reported EPS of Rs.1.64 for the period ended March 31, 2023 as compared to Rs.1.21 for the period ended March 31, 2022.

Financials	Q4 FY2023	Q4 FY2022	% Change
Total Income	₹54.0682 crs	₹52.1346 crs	3.71%
Net Profit	₹9.1827 crs	₹6.7799 crs	35.44%
EPS	₹1.64	₹1.21	35.54%

Financial Results (Year Ended FY2023) - YoY Comparison

The company has reported total income of Rs.219.8635 crores during the Financial Year ended March 31, 2023 as compared to Rs.198.0038 crores during the Financial Year ended March 31, 2022.

The company has posted net profit / (loss) of Rs.32.7206 crores for the Financial Year ended March 31, 2023 as against net profit / (loss) of Rs.24.5338 crores for the Financial Year ended March 31, 2022.

The company has reported EPS of Rs.5.84 for the Financial Year ended March 31, 2023 as compared to Rs.4.38 for the Financial Year ended March 31, 2022.

Financials	Year Ended FY2023	Year Ended FY2022	% Change
Total Income	₹219.8635 crs	₹198.0038 crs	11.04%
Net Profit	₹32.7206 crs	₹24.5338 crs	33.37%
EPS	₹5.84	₹4.38	33.33%

Shares of Menon Bearings Limited was last trading in BSE at Rs. 104.51 as compared to the previous close of Rs. 103.75. The total number of shares traded during the day was 3918 in over 91 trades.

The stock hit an intraday high of Rs. 110.00 and intraday low of 102.56. The net turnover during the day was Rs. 411418.00.

Source : Equity Bulls

Keywords

MenonBearings Q4FY23 FY2023 ResultUpdate